WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) Stock Price Down 0.2% – Here’s Why

WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD)’s stock price dropped 0.2% during trading on Tuesday . The company traded as low as $82.70 and last traded at $83.00. Approximately 25,434 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 34,594 shares. The stock had previously closed at $83.15.

WisdomTree U.S. Total Dividend Fund Stock Down 0.2%

The company has a market cap of $1.43 billion, a P/E ratio of 19.40 and a beta of 0.83. The business’s 50 day moving average is $83.48 and its 200 day moving average is $80.32.

Hedge Funds Weigh In On WisdomTree U.S. Total Dividend Fund

A number of large investors have recently bought and sold shares of DTD. Envestnet Asset Management Inc. raised its stake in WisdomTree U.S. Total Dividend Fund by 5.0% in the first quarter. Envestnet Asset Management Inc. now owns 49,034 shares of the company’s stock worth $3,773,000 after buying an additional 2,337 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in WisdomTree U.S. Total Dividend Fund by 1.2% in the first quarter. Stratos Wealth Partners LTD. now owns 17,181 shares of the company’s stock worth $1,322,000 after buying an additional 202 shares in the last quarter. LRI Investments LLC raised its stake in WisdomTree U.S. Total Dividend Fund by 745.2% in the first quarter. LRI Investments LLC now owns 2,451 shares of the company’s stock worth $189,000 after buying an additional 2,161 shares in the last quarter. Key Financial Inc raised its stake in WisdomTree U.S. Total Dividend Fund by 11.3% in the first quarter. Key Financial Inc now owns 9,434 shares of the company’s stock worth $726,000 after buying an additional 955 shares in the last quarter. Finally, Avantax Advisory Services Inc. raised its stake in WisdomTree U.S. Total Dividend Fund by 12.3% in the first quarter. Avantax Advisory Services Inc. now owns 46,059 shares of the company’s stock worth $3,544,000 after buying an additional 5,034 shares in the last quarter.

About WisdomTree U.S. Total Dividend Fund

The WisdomTree U.S. Total Dividend Fund (DTD) is an exchange-traded fund that is based on the WisdomTree Dividend index. The fund tracks an index of US companies selected and weighted based on the dollar amount of dividends paid. DTD was launched on Jun 16, 2006 and is managed by WisdomTree.